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Author Question: If the cost of capital decreases the isocost line will A) stay the same. B) shift outward in ... (Read 86 times)

codyclark

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on: Jul 1, 2018
If the cost of capital decreases the isocost line will
 
  A) stay the same.
  B) shift outward in parallel fashion.
  C) rotate outward around the point where only labor is employed in production.
  D) shift inward in parallel fashion.

Question 2

Which of the following is an example of an exhaustible resource?
 
  A) silver
  B) soybeans
  C) pork belly
  D) pound cake


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dlook33

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


codyclark

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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